We provide an overview of a wide range of theoretical, state-of-the-art models, methods, principles, and approaches to prepare, produce, organise, and evaluate forecasts. We then …

This textbook offers a thorough introduction to forecasting methods, equipping readers with the knowledge to apply these techniques confidently. With practical examples and insights drawn …

There are three distinct sources of forecasting risk and corresponding ways to measure and try to reduce them. I’ll state them here in general terms, and we will discuss them in more detail later …

To improve forecasting accuracy, combine forecasts derived from methods that differ substantially and draw from different sources of information. When feasible, use five or more methods.

approaches to forecasting future business sales. The assumption is that the choice of the process used to create e forecast affects the quality of the forecast. The author discusses six …

KPMG International commissioned the Economist Intelligence Unit to write Forecasting with confidence: Insights from leading finance functions. The report is based on the following …

Simulation of a system as a whole over time, incorporating feedback loops as well as stocks and flows. Such methods are useful for complex systems.